I’m currently reading Getting Real by 37 Signals. I came across this passage which I found myself repeating numerous times over the last few months. Thought I re-post it for the benefit of everyone.
Be An Executioner It’s so funny when I hear people being so protective of ideas. (People who want me to sign an NDA to tell me the simplest idea.) To me, ideas are worth nothing unless executed. They are just a multiplier. Execution is worth millions. Explanation: Awful idea = -1 Weak idea = 1 So-so idea = 5 Good idea = 10 Great idea = 15 Brilliant idea = 20 No execution = $1 Weak execution = $1000 So-so execution = $10,000 Good execution = $100,000 Great execution = $1,000,000 Brilliant execution = $10,000,000 To make a business, you need to multiply the two. The most brilliant idea, with no execution, is worth $20. The most brilliant idea takes great execution to be worth $20,000,000. That’s why I don’t want to hear people’s ideas. I’m not interested until I see their execution. -Derek Sivers, president and programmer, CD Baby and HostBaby